Godaddy Inc (GDDY)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,374,800 | 354,500 | 323,600 | 331,100 | 352,200 | 345,800 | 343,500 | 299,900 | 242,300 | 225,600 | 192,800 | -527,200 | -495,100 | -505,100 | -493,600 | 167,000 | 137,000 | 119,000 | 56,000 | 86,700 |
| Total stockholders’ equity | US$ in thousands | 62,200 | -976,300 | -667,100 | -357,900 | -331,800 | -278,400 | -447,200 | -470,500 | 81,700 | -102,800 | -33,300 | -72,800 | -12,900 | -164,200 | -261,300 | 480,700 | 772,000 | 667,900 | 945,100 | 910,400 |
| ROE | 2,210.29% | — | — | — | — | — | — | — | 296.57% | — | — | — | — | — | — | 34.74% | 17.75% | 17.82% | 5.93% | 9.52% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,374,800K ÷ $62,200K
= 2,210.29%
Based on the provided data, Godaddy Inc had a return on equity (ROE) of 2,210.29% in Q4 2023. However, without data for the preceding quarters of 2023 and for the corresponding quarters in 2022, it is challenging to perform a meaningful trend analysis or make a comparison to assess the stability or growth of the ROE.
It is important to have a consistent set of data over multiple periods to properly evaluate the ROE and its trend. Therefore, further information would be necessary to draw any significant conclusions regarding Godaddy Inc's ROE performance and its implications for the company's financial health and profitability.
Peer comparison
Dec 31, 2023